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Search Results 0 to 49 of about 143 (some duplicates have been removed)
even with massive tax hikes and assuming the spending cuts do kick in. congressman tom price pushing the president to balance the budget and says this new report is proof we can't do that by hiking taxes. what about that? we're still going to be deep into the red. >> good to be with you. the president has put forward for different budgets, none of which have ever come to balance. the house republicans have acted responsibly, our budget is yet to balance, so what we will do is put together a budget that balances in a ten-year time. all it does tomorrow it says to the president tell us when you'ryourbudget balances. it is important to do that because we have our principled solutions with the program. liz: used a dozen state when the budget would be balanced, is that it? >> we have had to end dollars deficit of the past four years in the past for budgets by this president have never come into balance ever in the 75 year time frame we talk about budgets. the american people need to know that. it is important the president gets mad because then we could talk about the positive solutions a
's that revenue is absolutely not an option. >> this quest to continually to raise taxes is not going anywhere. we've already done that. >> americans do not support sacrificing real spending cuts for more tax hikes. >> this is the wrong time for sequestration to take place. we should be able to sit down together and resolve this without again asking the american people to have their taxes increased. >> i want to bring in roll call cheryl and washington bureau chief ryan grim. good morning. >> good morning. >> the president says let's replace this with taxes and alternate cuts. republicans say cuts but no taxes. is it clear, ryan, who has the upper hand here? >> it's not entirely clear. republicans certainly feel like they have the upper hand here, much more so than the fiscal cliff. around the fiscal cliff, if nothing happened, taxes went up and democrats had a clear advantage. this time if nothing happens, spending cuts go into effects so republicans sort of think they have an advantage. but what is getting cut? the pentagon is taking the brunt of these cuts. certainly the commander in chief does
tax dodgers. >> corporations are people, my friend. >> the senator unveils his new bill here tonight. >>> plus, someone actually made the paul harvey farmer ad better. >>> and governor chris christie wants everyone to shut up about his weight. >> shut up. >> tonight, reverend al sharpton is here to give the governor some tips on becoming the biggest loser. >>> good to have you with us tonight, folks. thanks for watching. the confirmation hearings of cia director nominee john brennan got off to a rocky start today. human rights protesters from the activist group code pink interrupted the hearings before they even started. john brennan is the architect of the obama administration's drone warfare program, which includes targeted killings. once the hearing got under way, there was another disruption. the protester was escorted out. then there was another. same thing. seconds later there was another. and then another. finally, chairwoman senator dianne feinstein broke up the proceedings. >> we're going to halt the hearing. i'm going to ask that the room be cleared and that the code pink a
believe that they should at least pass a smaller package of spending cuts and tax reforms. >> a smaller package. because you can't get a deal done in time? so of course, it's not the first time washington has kicked the can down the road. we know that. remember when we first heard about sequester, that bizarre word that is now part of the lexicon? it was august 2011 and the word sequester came out of the failed deal on the debt ceiling. then came the fiscal cliff, that was the next chance to prevent all of the cuts. washington punted, they said hey, three more months, we'll solve it then. nope. now three months is coming so guess what? they will punt again. you know what, thinking about it today, it reminded me a lot about this. ♪ put your little hand in mine ♪ put your little hand in mine ♪ put your little hand in mine ♪ there ain't no hill or mountain we can't climb ♪ >> that of course was "groundhog day." at least they had a good song. we have to listen to the terrible voices of people in washington. "outfront," michael waldman from nyu school of law, and michael medved, co
taxes and that is what they are saying about the sequester. can hwe can replace or delay by getting revenues in the door and that means taxes. >> greta: the whole sequester thing emerged in august of 2011 and the idea of sequestration was from the president if they didn't have a decision by the supercommittee in november. that at any time happen. it was supposed to be january of 2013. nobody has done anything. the president hasn't made sure it got doughnuts leader and they push it off to march 1 and between january 1 and march 1 all of this stuff is going to get done. zero has gotten done and the president wants another delay and says today we can't just cut our way to prosperity meaning who is going to get the taxes this time. he raised it on the rich? now, are the middle class going to get? >> they have to to get serious revenue. he is talking about we will tax corporate jets and oil and gas. that raises about $3 billion a year. the deficit next year according to the congressional budget service $845 billion. they have $3 billion in tax increases against a $845 billion deficit. th
a balanced approach that would force corporations and the wealthy to give up some of their special tax break. and pay their fair share. >> these modest reforms in our social insurance programs have to go hand in hand with tax reform. so the wealthiest individuals and corporations can't take advantage of loopholes and deductions that aren't available to most americans. there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of the economy should be put in jeopardy just because folks in congress couldn't come together to eliminate tax loopholes. >> these special interests loopholes include subsidies for the oil and gas companies. who are raking in record profits. deductions for corporate jets and yachts. and absurd tax breaks for hedge fund managers and wall street heavy hitters. fairness. it's what this election was all about. i mean, do we really want to be a country that lets millionaires write off their corporate jets but tells a single mom she can't get help buying a formula for her baby? that's not t
't get the check out, they pay more and more. the tax tab just keeps going up, up, up, up, up, up. >> well, i'm not surprised because this is just the nature of government relief. gerri: it sure is. >> it isn't very cost effective. this ties in to the other big story that's going on this week in washington which is, you know, whether these federal agencies can, you know, cut five cents out of the dollar, you know, in these sequester cuts and all the agencies are saying, oh, my goodness, we can't possibly absorb these cuts. jr. jer that's going to be our deficit this year. are you happy about that? we're under a trillion. whoo hoo, throw a party, right? >> and the sequester's supposed to cut that by a grand total of about 10%. but fema's a perfect example of what i'm talking about. does anybody not really believe that fema couldn't increase its efficiency by 5%? my goodness, that's nothing given the kind of waste, fraud and abuse that you've shown on this show. look, they could easily do that. gerri: well, that would be a starting point. that's not the whole way to go, that's for s
into foreclosed houses and take possession of them if they hang on for seven years and pay the taxes. right now, because of it, officials are trying to get that law off the books. >> we don't need people who move in houses, who are con people. it's just a cop game. no one needs this in their neighborhood. we don't need it in the state of florida. >> so while loki boy is gone, he's left a string of copycats in the wake, and 11 in the past two weeks have filed these adverse possession rules to try to get in on some major properties. one of the houses bigger than the one behind me, a $4 million ocean front mansion now occupied by squatters who say they have a legal right to be there. melissa? melissa: steve, wow, quite a story m thanks so much. now turning to today's market moment. the blizzard slamming the northeast led to a quiet day on the wall street. dow briefly crossed the 14,000 mark, all three majors posted modest gains. the dow, however, snapped a five-week winning streak. meanwhile, nasdaq and s&p 500 had sixth straight weekly gains. next on "money," the roof is blown off in a legal arms
. >> reporter: there is talk the mayor could campaign for a citywide tax increase to support city services. a new poll released says the majority of residents are okay with a one quarter percent increase. >> i'm grateful for the support that i have gotten from the public and that we have for the possibility of a tax increase. we are on the right track. >> if it's for the progress of the city, why not. anything for the good of the people. i think that's welcome. >> reporter: some opponents say it's not that simple. >> for a city tax to pass, there needs to be broad community support. and this mayor's leadership has been extraordinarily divisive. what he needs to do is build bridges before we can get a tax passed. >> reporter: the mayor will plan to give his state of the city at the san jose civic auditorium. and it's open and free to all. in san jose, cate caugiran, kpix 5. >>> coming up, governor chris christie tries to make light of a heavy subject by cross- country medical diagnosis that has him fed up with this debate over his weight. >> until that t
. chuck, you know, the payroll tax holiday went away in january. everyone got their first paycheck in 2013 and said, it's a lot smaller, what's the heck's going on. and that's reflected in the confidence numbers. no one really likes the back-and-forth and vitriol in washington, it makes people nervous, particularly business people. but for consumers what really matters is the paycheck and the paycheck is smaller and they're not really comfortable with that. >> what will it take for the unemployment to get below 6% or in that range, we got to start seeing jobs added, we got to start seeing it in the 300s, in the 400s, in the 500s, when will we see it in this economy? it still feels like treading water. >> i don't think it's in the next three, six numbers, because we have to digest the tax increases and we have more government spending cuts coming. that's going to weigh on growth. my sense is by the end of the year we'll get job growth over 200k and by 2013 when the housing markets is in full swing, it will be 300k, we should be in 300k territory in 2014 and that's when the unemployment will
, they're education initiatives, simplifying the tax code, health care reforms, and immigration reform. jacqui, these are all kind of popular issues that the right could take the lead on and gain traction with. but what do you think about eric cantor trying to come out to rebrand, especially, when he's been down this rebranding road before? >> yeah, we have seen this before from eric cantor. and you know, the fact that he is making this speech, to try to renew momentum on some of these issues, i mean, is something that he's been wanting to do since december, when the republicans rr pretty divided. but the devil's in the details with these kind of speeches. when you're talking about tax reform, i think he told "national review" that he wants to look at a family-friendly tax reform. well, when you have a budget chairman preparing a budget that's going to balance in ten years, it's going to be really hard to keep things like the child tax credit. so we're going to see how this pans out, because you can't talk about a budget plabalancing in years without cutting some tax cuts that are real
of a tax -- of disclosure. michael bennett, senator from colorado, happens to be a brother of our editor in chief, james bennett. you would think that would be great access, but it is a hurdle. they do not dislike each other, but they are so careful about not mingling interests of what got you here today was the talk about immigration. i thought about getting all of you together, but you have slightly different takes. you are a member of the group of eight. maybe it is not a group of 7.5, depending how senator menendez is doing. >> we will see. >> in the question of how the white house -- even today, the president said at the democratic house retreat that he is heartened by democrats and republicans both seem to take this seriously. politics may not be easy. there are regional variations in the country. there is youth and dynamism. i love you in your group of eight role. also sharing your work with the colorado compact. talk about the michael bennett vision of what we need to do to achieve immigration reform. >> if i can, let me take you to colorado on this issue. that is where my intere
these automatic cuts. it would involve tax increases by enclosing tax loopholes and spending cuts. republicans are apparently planning to reoffer legislation in the past that would cut the federal work force. anne-marie? >> susan mcginnis in washington, thank you. >>> well, the senate armed services committee has postponed a vote on chuck hagel, president obama's choice to replace pea any ta. the committee wants more information about hagel's finances. >>> and news that the postal service is cutting back mail delivery to five days a week is not sitting well in rural areas of the country or with letter carriers but the post master carrier said it's a choice the service had to make. danielle nottingham reports. >> reporter: no more mail on saturdays. to save money, the u.s. postal service is ending saturday first-class mail delivery beginning in august. many customers saw this day coming. >> i think it's probably long overdue because they've been having so many budget issues. >> i've been doing everything online for a really long time so i don't think it's necessarily going impact my world. >> r
to eliminate a few special interest tax loopholes or government programs that we agree need some reform. >> our first read team notes that while republicans want to solely talk about the budget the white house does not want to be bogged down on one issue that in the past cost hem political capital. quote, the obama white house wants to overled wa's political circuits to see what it can get through congress without letting congress define what issues get addressed. joining us now kelly o'donnell. our first read team noted the p talking about guns, immigration and today addressing the issue of the sequester. >> reporter: well, there is that sprint in the first year of his second term to try to get as much done as possible. and urgency on all these issues for different reasons. and when it comes to the sequester, the automatic budget cuts, kind of an odd term for what's meant to be automatic sweeping cuts across the board for the departments with a few exceptions. that was put in place as you know to try to be a bit of a force on congress to make a more sweeping plan of long-term deficit reduction
with taxes. the president was very clear that when meeting the economic and fiscal challenges ahead, that he wants to keep in perspective whether the cop or the receptionist was able to make it. and he did contrast it with what the republicans want. and they want to cut medicare and social security. and so he said fine, let's argue this out in the public. and he clearly felt confident that he and we would win if that bat 8 takes place. >> now, the reason i'm asking, congresswoman, is "politico" is reporting that the economy is crumbling. let me quote. >> if that is true and the democratic caucus stands together and the president stands firm, they will have backed down yet again. >> exactly. you know, reverend al, that this sequester was never intended to go into effect because the cuts were so devastating. and so this, again, would be a capitulation to the democrats. >> and i think that's the real point, joan. the sequester was put out with such unreasonable cuts, it was to make sure that we never got there. and to act as though now we may have gone there is absolutely unthinkable when it wa
university economist said the numbers are concerning especially because the city cannot tax its way out without losing more residents and businesses. the report points out baltimore's property tax and income tax rates are the highest in the state. unfortunately, pension reform is the big elephant in the room, the economist said and the mayor has a terribly hard job ahead of her. >> the mayor will have to make cuts in decisions that will prove to be unpopular in the short run. >> while the mayor did not offer specific details, she did highlight four key themes for cuts including identifying strategies to a line recurring revenues, reducing property and income taxes, addressing infrastructure, and addressing the city's long-term liabilities. >> as far as specifically what cuts will be made, the mayor said she will discuss that in her state of the city address next week. if you'd like to take a closer look at the report, we provided a link to it on our website, wbaltv.com. we're live outside city hall tonight. wbal tv 11 news. >> we have several updates. the stabbing that happened a few bl
. answers. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> big shake-up in the senate in 2014. geraldo in, scott brown out. the big panel's got it all covered for you tonight here on "the ed show." >>> and the unbelievable story of how nasa handled the space shuttle columbia. on the tenth anniversary of the disaster, a former shuttle program manager blogged his reflections. stay with us. because what you have heard about it really is unbelievable. don't forget, you can listen to my radio show on sirius xm radio channel 127 monday through friday, noon to 3:00. share your thoughts with us on facebook and on twitter using the hash tag edshow. we're coming right back. there'. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours.
advocated were, let's see, mitt romney's tax reform plan. mitt romney's education reform plan, and unworkable cuts as usual to medicare and medicaid. not surprisingly, cantor was not willing to get specific about any legislation to make these ideas a reality. >> we do intend to follow up with some policy proposals in legislation working with our committees to move forward on many, many of these issues. >> it's always the follow-up, isn't it? but there was one thing cantor said today that really caught my attention. here it is. >> our solutions will be based on the conservative principles of self-reliance, faith in the individual, trust in family, and accountability in government. >> there is a lot there, isn't there? cantor sound like he is fresh off another frank luntz seminar. i couldn't believe my ears when i heard those word come out of cantor's mouth. so let me make sure i got this whole thing correct. "our solutions will be based on the conservative principles of self-reliance, faith in the individual, trust in the family, and accountability in government." hmm, i could
recovering. >> health care, taxes, the economy. >> that takes time to explain to people. >> the republican party just isn't there. >> washington has to deal with its spending problem. >> that may take more than one election cycle. >> i've had enough of it. it's time to act. >> get used to this new word. >> the sequester. >> the sequester. >> the sequester. >> i don't like the sequester. >> something so terrible. >> dogs and cats living together, mass hysteria! >> slow down. >> we've got immigration, gun control, electoral changes. >> it's time for them to exert a little leadership. >> we have to identify our principles. that takes time to explain to people. >> i've had enough of it. it's time to act. >>> john boehner announced today that marco rubio will deliver the republican response to president obama's state of the union address on tuesday. rubio aides are busy trying to spread the nonsense that he will write his own speech. senator rubio did an interview with buzz feed last night while drinking beer, a necessary proof to political reporters that you're a regular guy. >> what we have t
as dire a possible a picture as budget sequesters in order to put pressure on republicans to accept tax increases as part after deal it avoid the he is quester. two economic officials from the obama administration saying it would result in 70,000 kids being thrown off of head start in a couple of thousand fewer food inspectiones. 373,000 fewer mental health patient treated. 540 million in smaller loan guarantee. 600,000 fewer women and children receiving food assistance. this is putting pressure on congress to act because many republicans expressed the idea they could let the budget sequester take effect. some democrats suggested that is not so terrible from their point of view too. white house is trying it make a counter argument. we will see over the next couple of weeks since tsequester is du to take effect. >> how effective is this, john? we have seen the white house before where they put out the worst case scenario where they try to force things along against republican answers in some cases it backfired. what do you think this time? >> it backfired at certain times. this is a mome
. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back, everybody. we have ryan lisa, charles blow, and nan hey worth. >>> a busy day of corporate earnings reports. futures up today, and the dow within shouting distance of its all-time high. it needs to add 219 points for a new record. just in to cnn, home depot hiring big this year. it says it will hire 80,000 seasonal workers in anticipation of a busy spring season. peak time for home improvement shopping 10,000 more jobs than they hired last year. rival lowe's will hire 45,000 seasonal workers. like the holiday season for home improvement folks. they hope more remodeling in this summer. >> when does show up? >> it will pop at the end of the month. >> can they be in the paint sec
Search Results 0 to 49 of about 143 (some duplicates have been removed)